Benchmarks reviewed 2026-07-08.
What CAM charges cover
Common area maintenance (CAM) charges are your share of the cost to run the parts of a property everyone uses — parking lots, landscaping, lighting, snow removal, common-area utilities, security, and janitorial. Landlords estimate the annual budget, bill tenants monthly, then reconcile against actual costs at year end. CAM is one of the three “nets” in a triple net lease.
How pro-rata share works
Your share is your leased area divided by the building’s gross leasable area (GLA):
pro-rata share = tenant SF / building GLA
tenant CAM = total CAM × (1 + admin fee) × pro-rata share
A 2,500 SF tenant in a 25,000 SF building carries a 10% share. On a $125,000 CAM budget with a 10% admin fee, that’s $13,750/year — $5.50/SF/yr, or $1,145.83/month.
CAM caps: how an annual cap limits increases
A cap ceilings how much your CAM can rise year over year. Turn on the annual cap and set a percentage — each year’s billed CAM is limited to the prior year plus that cap, and the projection shows your savings versus the uncapped path. Caps usually apply to controllable CAM only (not taxes, insurance, snow, or utilities), so read the lease for what’s actually covered.
Reconciliation: why your year-end bill differs
You pay estimates all year; the landlord trues them up against actual costs. If actuals came in higher, you owe the difference; if lower, you get a credit. Switch to Reconcile mode to compare your share of the actual budget against what you paid.
Typical CAM ranges & admin fees
Directional US ranges, market-dependent rather than fixed (Appendix A.5): CAM commonly runs $1.00–$6.00/SF/yr for retail — fixed-rate CAM is often around $4.25/SF/yr — and lower for industrial, with an admin fee of 10–15% (a well-established norm). To see CAM alongside base rent, taxes, and insurance, use the NNN Lease Calculator; to model how rent itself steps up, see the Rent Escalation Calculator; and to value the building behind the lease, the Cap Rate Calculator.